Low Keng Huat reports doubling of 3Q earnings on higher sales, lower costs

SINGAPORE (Dec 8): Property group Low Keng Huat reported 3Q18 earnings slightly more than doubled to $6.6 million from $3.0 million a year ago.

Revenue for the three months to Oct rose 9% to $13.5 million from $12.4 million but cost of sales halved to $3.5 million.